Diamond Shavings: Your Friday Web Roundup

 

One short note: If you are a jewelry vendor of Wal mart, I’d be interested in speaking with you (confidentially, if you prefer.) My email is rbates@reedbusiness.com. And here now the news …

 

Diamond prices on the precipice.

– Rapaport “expects declines.” (And indeed, there were some decreases today.)

– Chaim: Let the rough fall!

– Wyndham: I’m “not surprised.”

 

Consumer confidence hits all-time low.

– Disposable income falls 8.7%.

– High end retailers “mull holiday discounts.”

 

Shares of jewelers rise following rate cut.

 

Fabrikant owners’ assets released.

 

RBC Capital: “Gloomy outlook” for diamonds.

– Mark Boston: Let’s go back to basics.

 

Hedge funds target Dillard’s management.

Chapter 7 petition filed against Dunkin’s Diamonds.

Bigger, better quality synthetics promised.

 

Fake GIA reports spotted.

– GIA responds.

 

DMIA meeting: Protect yourself with UCCs.

 

Walmart opens fewer stores, targets higher income shoppers.

– Company CEO: “It’s our time.”

 

Analyst upgrades Blue Nile.

– Stock rises.

– Company could “exceed expectations.”

 

Report on Zimbabwe informal mining.

– Minister: Diamonds will turn around Zimbabwe.

 

Botswana newspaper: Cutbacks not result of “pressure.”

 

Argyle pink tender completed.
– Petra sells 8.8-carat blue.

 

UN extends Ivory Coast sanctions.

– NGOs criticize Kimberley Process. Full report. (PDF)

 

Survival claims “victory” in De Beers campaign.

– Group targets Steven Webster.

– De Beers praised by WWF.

 

“Diamond scam artists” in Washington.

 

Three bidders for JCK parent.

 

Model, Szul settle lawsuit.

 

It’s “Breakfast at Tiffany”’s 50th anniversary!

 

The diamond-covered doo-dads continue … this week, cellphones.

 

Kate Moss: Daughter’s more important to me than diamonds. Um, I hope so …

This just in … and really the perfect day for it … the singer of “Monster Mash” is now … a diamond. Yes, it’s true. Relieve his moment of glory here. Happy Halloween!

 

Media Watch:

The Financial Times on “crisis diamonds.”

Portfolio on Tiffany’s new stores.

–  WWD on Tiffany’s new Madrid store. (Sub required)

The Forward on the latest Leviev controversy.

The Globe and Mail on Toronto diamond exhibit.

– The Pittsburgh Post Gazette on engagement trends and diamond cuts.

Canadian newspaper  talks to Gabi Tolkowsky.

 

Have a great weekend …

JCK News Director